WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) Sees Unusually-High Trading Volume – Still a Buy?

WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) saw strong trading volume on Thursday . 369,807 shares were traded during mid-day trading, an increase of 1,827% from the previous session’s volume of 19,193 shares.The stock last traded at $48.26 and had previously closed at $48.65.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Stock Down 0.8 %

The stock’s 50 day moving average is $48.43 and its two-hundred day moving average is $48.80.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, March 28th. Stockholders of record on Wednesday, March 26th will be given a $0.215 dividend. This represents a $2.58 annualized dividend and a dividend yield of 5.35%. The ex-dividend date is Wednesday, March 26th. This is an increase from WisdomTree Voya Yield Enhanced USD Universal Bond Fund’s previous monthly dividend of $0.21.

Institutional Trading of WisdomTree Voya Yield Enhanced USD Universal Bond Fund

A hedge fund recently bought a new stake in WisdomTree Voya Yield Enhanced USD Universal Bond Fund stock. West Michigan Advisors LLC bought a new position in shares of WisdomTree Voya Yield Enhanced USD Universal Bond Fund (NASDAQ:UNIY) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 7,028 shares of the company’s stock, valued at approximately $337,000.

WisdomTree Voya Yield Enhanced USD Universal Bond Fund Company Profile

The WisdomTree Voya Yield Enhanced USD Universal Bond Fund ETF (UNIY) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is passively managed to hold a broad portfolio of USD-denominated bonds of various credit quality and maturity. The index uses a tier-weighting methodology that weights a portion of the portfolio for enhanced yield.